Category Archives: Financial Stability

When people see my business card I am frequently asked the question – What is Wealth Creation Consulting? Is that just for your rich clients? The short answer NO, Wealth Creation Consulting is just as important for any income bracket. What … Continue reading →

Over the past decade the U.S. has participated in two major conflicts on foreign soils. Between Iraq and Afghanistan 6,442 Americans have given their lives since 9/11. Throughout this time period there have been many calls to support the troops. … Continue reading →

Do you have a friend, child, or grandchild graduating in 2012? Are you looking to find the perfect gift and wondering what is trendy this year? Thinking of an iPad, iPod, or similar gadget? I’m a huge advocate of Apple … Continue reading →

Some time ago I wrote a 2 part blog entitled “What Spending Plans and Marshmallows Have in Common.” I strongly encourage you to use the filter function on our site to find that blog entry, and read both parts before … Continue reading →

In my ‘What Marshmallows and Spending Plans Have in Common’ blog I pointed out a very important aspect of crafting an effective spending plan – the need to understand human psychology and how to use that knowledge to your advantage. … Continue reading →

WAS IT BY FIAT OR STRATEGIC PLANNING? IN ALL HONESTY A BIT OF BOTH Success Path Sherpa followers will recall a blog entitled “A Step Toward Financial Stability, How To Ditch Your Car Payment.” This was a two part … Continue reading →

Dear Sherpa followers: This is PART II of my spending plan marshmallow experiment blog. Please ensure that you have read the first installment before proceeding. I had just raised the question of “If we know that spending with a plan … Continue reading →

Back in 1972 a study was conducted by a professor at Stanford University, which has come to be called “The Stanford Marshmallow Experiment.” Based on the title you might conclude that it was a taste test funded by Jet-Puffed, but … Continue reading →

Just decades ago the act of making a purchase on credit was seen as an extremely undesirable option and most people only chose to use credit out of absolute necessity. The few who used credit as a preferable option to … Continue reading →

Where do deductive reasoning and financial literacy intersect? I contend that the answer is as far away from a car payment as possible. Let me prove it to you with a simple argument. My first premise: Only the rich can … Continue reading →